BLDP Q3 EPS Forecast Cut by National Bank Financial

Ballard Power Systems, Inc. (NASDAQ:BLDP) (TSE:BLD) – National Bank Financial reduced their Q3 2025 earnings estimates for shares of Ballard Power Systems in a research note issued on Monday, August 11th. National Bank Financial analyst B. Sidhu now anticipates that the technology company will earn ($0.11) per share for the quarter, down from their prior forecast of ($0.08). National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Ballard Power Systems’ current full-year earnings is ($0.54) per share. National Bank Financial also issued estimates for Ballard Power Systems’ Q4 2025 earnings at ($0.12) EPS, FY2025 earnings at ($0.37) EPS and FY2026 earnings at ($0.27) EPS.

Ballard Power Systems (NASDAQ:BLDP) (TSE:BLD) last posted its earnings results on Monday, August 11th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02. The firm had revenue of $17.98 million during the quarter, compared to the consensus estimate of $17.94 million. Ballard Power Systems had a negative net margin of 409.35% and a negative return on equity of 21.52%.

A number of other research firms also recently issued reports on BLDP. Susquehanna increased their target price on shares of Ballard Power Systems from $1.30 to $2.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. UBS Group lowered their price objective on shares of Ballard Power Systems from $2.00 to $1.40 and set a “neutral” rating for the company in a research report on Monday, May 12th. Roth Capital reaffirmed a “neutral” rating and issued a $1.80 price objective (up previously from $1.25) on shares of Ballard Power Systems in a research report on Monday. Lake Street Capital downgraded shares of Ballard Power Systems from a “buy” rating to a “hold” rating in a research report on Monday, August 11th. Finally, Wall Street Zen raised shares of Ballard Power Systems to a “sell” rating in a research report on Thursday, May 8th. Five equities research analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $1.51.

Ballard Power Systems Stock Up 9.3%

BLDP opened at $2.00 on Thursday. The firm has a 50 day moving average price of $1.77 and a 200 day moving average price of $1.45. The company has a market cap of $599.74 million, a PE ratio of -2.02 and a beta of 1.76. Ballard Power Systems has a 1 year low of $1.00 and a 1 year high of $2.28. The company has a debt-to-equity ratio of 0.03, a quick ratio of 8.13 and a current ratio of 9.31.

Hedge Funds Weigh In On Ballard Power Systems

Several institutional investors and hedge funds have recently made changes to their positions in BLDP. Legal & General Group Plc boosted its stake in shares of Ballard Power Systems by 104.2% during the 2nd quarter. Legal & General Group Plc now owns 13,133,224 shares of the technology company’s stock valued at $20,977,000 after buying an additional 6,701,756 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its stake in Ballard Power Systems by 117.1% during the second quarter. CANADA LIFE ASSURANCE Co now owns 2,720,883 shares of the technology company’s stock worth $4,327,000 after purchasing an additional 1,467,547 shares during the last quarter. Millennium Management LLC lifted its stake in Ballard Power Systems by 79.9% during the fourth quarter. Millennium Management LLC now owns 2,652,624 shares of the technology company’s stock worth $4,404,000 after purchasing an additional 1,177,718 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Ballard Power Systems by 20.3% during the first quarter. Goldman Sachs Group Inc. now owns 4,916,541 shares of the technology company’s stock worth $5,408,000 after purchasing an additional 829,012 shares during the last quarter. Finally, Two Sigma Investments LP lifted its stake in Ballard Power Systems by 58.4% during the fourth quarter. Two Sigma Investments LP now owns 1,793,296 shares of the technology company’s stock worth $2,977,000 after purchasing an additional 661,413 shares during the last quarter. 28.02% of the stock is currently owned by hedge funds and other institutional investors.

Ballard Power Systems Company Profile

Ballard Power Systems Inc engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications.